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Ask HN: How do you deal with stress over competition?

3 pointsby devdadover 7 years ago
Hi HN. I&#x27;m currently building a product that integrates with a segment of restaurants. The product has hit beta and I&#x27;m in early talks with owners on implementing it in their establishments. Talks are going forward but are taking forever (by my standards).<p>I get really stressed that the competition somehow have more effective ways to get their product implemented. How do you deal with this kind of situation?<p>Our product is the best of the current market segment, but if I&#x27;m not first to establish myself in a restaurant that restaurant will be 10x harder to get into my product. The market is big but my local market which I&#x27;m targeting first is small.<p>Sidenote: this is not an app for takeaway.

1 comment

brudgersover 7 years ago
Keep in mind that in some cultures prolonging talks is a form of saying &quot;No&quot;. Continue trying to get to &quot;no&quot; with the current <i>potential</i> customers. But at the same time, keep looking for <i>potential</i> customers who will quickly say &quot;yes&quot;. That&#x27;s who you really want. The two ways to get to &quot;yes&quot; are: finding the right <i>potential</i> customers and building the right product. Mostly it is building the right product and the right product is one that solves an immediate pain for the customer.<p>Good luck.